Multi-Suite Office
274 Silas Deane Hwy, Wethersfield, CT 06109
For Sale
New
Contact for pricing
Private offices, accessible entry, and on-site parking accommodate a range of professional operations.
Property Size535 SF
Price / SF$3.74
Days on Market7
Property Features for 274 Silas Deane Hwy
General Information
Standard status
Size
Additional Details
Condition
Highway Access
Property Use
Amenities
specialized suite with sink/vanity
handicap accessibility
dual entrances
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Berkshire Hathaway NE Prop.
Listed By:
Sylvia S. Russ
(203) 808-5555
Source:
Jaida.mappmyhome
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway NE Prop.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone office property is arranged as multiple suites with private offices and wide interior corridors. One suite includes a built-in sink and vanity. Two front entrances provide separate points of entry, and the building has an accessible entrance and a dedicated parking area.
The property is located on Silas Deane Highway in Wethersfield, with access to major highways, dining, and local services. Its configuration supports a multi-tenant office arrangement.
The property is located on Silas Deane Highway in Wethersfield, with access to major highways, dining, and local services. Its configuration supports a multi-tenant office arrangement.
Key Highlights
- Multiple suites with private offices and broad interior corridors
- One suite has an in‑room sink and vanity
- Two front entrances and an accessible entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,299
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,980
$166.0K
Cap Rate 7%
$118,557
$118.6K
Cap Rate 9%
$92,211
$92.2K
Market Conditions
NOI Build-Up for 535 SF
Gross rent
$14.4K $27.00/SF
− Vacancy
−$3.4K −$6.32/SF
EGI
$11.1K $20.68/SF
− OpEx
−$2.8K −$5.17/SF
NOI
$8.3K $15.51/SF
Area
Hartford, CT
Vacancy
23.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,980
Cap Rate 7%
$118,557
Cap Rate 9%
$92,211
Alternative Uses
Best Use
Office B
$118.6K
$103.7K – $138.3K
NOI $8,299 @ 7.0% cap · market cap 414.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$159.5K
$139.5K – $186.1K
NOI $11,163 @ 7.0% cap · market cap 558.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Explore this area
Business Placement
Demographics for 06109, CT
27,298
Population
11,833
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$118,523
Median Household Income
$70,225
Median Earnings
$1,303
Median Rent
$300,500
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Hartford County, CT
Properties on Market for Office buildings in Hartford County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Private offices, accessible entry, and on-site parking accommodate a range of professional operations.
Where is this office building located?
The property is located at 274 Silas Deane Hwy Wethersfield, CT.
What are key features of this property?
This property features: Multiple suites with private offices and broad interior corridors; One suite has an in‑room sink and vanity; Two front entrances and an accessible entry
